Dunne Insights chief executive Michael Dunne continues to see several reasons to hope for further upside in BYD even though the EV stock has already soared some 100% in the trailing 12 months.
President Trump's push for tariffs with America's trading partners, only about a week old, is already having a big impact on the financial markets.
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with turnaround potential, along with some speculative plays and ETFs. Part 4 includes S&P Global, Power Solutions International, Heliostar Metals, Ryanair, BYD and Meta Platforms, among others.
BYD leads the EV market with record deliveries, benefiting from strong PHEV demand and scalability, positioning it as a potential global automotive leader. NIO, focusing on premium segments, achieved a 73% sales increase in December, driven by its new sub-brand ONVO, indicating strong growth momentum. Li Auto's unique range extender vehicles cater to rural areas, achieving significant success with a 33% annual growth rate, gaining market share.
Warren Buffett and Cathie Wood have wildly different investing styles. But both own stakes in two 2024 winners, including a big Tesla rival.
Global EV sales continued to rise in the first half of 2024, with battery-electric and plug-in hybrid vehicles surging 22% year-on-year to 1.35 million units.
Global sales of electric and plug-in hybrid vehicles
The transition towards an electric future is here to stay and the electric vehicle megatrend is gaining traction again.
Rising concerns about the economy and rate cuts have led to a mixed earnings season, low consumer spending and a stock sell-off. While most of the indices have recovered since the past week, many stocks are trading at a discount and smart investors know that now is the time to make the bet.
Some of the best electric vehicle (EV) stocks seem to be running out of steam in August. Undoubtedly, the broader tech market sell-off has been quite harsh among EV plays, as fears of a recession could further soften demand for such big-ticket purchases.
Automobiles have been around for more than a century and are still at the core of our daily transportation, even as the industry constantly evolves. Automobiles are at the heart of current and future transportation, from traditional vehicles to hybrid cars to electric vehicles to flying cars in the air.
When Warren Buffet speaks, people listen. And when the Oracle of Omaha puts his money where his mouth is, it's not necessarily a bad idea to mimic the investment.